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“Show me the incentive and I'll show you the outcome.”
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“It's not the bad ideas that do you in, it’s the good ideas. And you may say, 'That can't be so. That's paradoxical. What he [Graham] meant was that if a thing is a bad idea, it’s hard to overdo. But where there is a good idea with a core of essential and important truth, you can’t ignore it. And then it's so easy to overdo it. So the good ideas are a wonderful way to suffer terribly if you overdo them”
― Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
― Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
“the acquisition of wisdom is a moral duty.”
― Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
― Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
“It's not supposed to be easy. Anyone who finds it easy is stupid.”
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“To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of undeserving people.”
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Emre’s 2024 Year in Books
Take a look at Emre’s Year in Books, including some fun facts about their reading.
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